DISH Statement on AWS-3 Auction Results

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DISH Statement on AWS-3 Auction Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- DISH Network Corp. (NASDAQ: DISH) issued the following statement in response to the Federal Communications Commission's (FCC) announcement of the AWS-3 auction (Auction 97) results:

"DISH congratulates Chairman Wheeler, the other Commissioners, FCC staff, NTIA and Congress on the record-setting success of the AWS-3 auction. As part of the auction process, we publicly filed an application to participate as a potential bidder, and DISH invested in two entities that also publicly applied to participate in the auction as designated entities. The auction's success is a win for the FCC, the American Taxpayer, the Public Safety community and small business. Because of the FCC's anti-collusion rules, however, we are not able to discuss further at this time."
 
Reports are Dish bought 10 billion (13 billion gross) of spectrum, about the same as Verizon. AT&T bought the biggest chunk. Affiliated companies bid the 13 billion and applied for a 3 billion small business discount.
 
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And where did this spectrum come from? Did its previous users give it up voluntarily?
 

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